Risk Related Guides
Risks
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Graceful degradation is the ability of a machine, system, process or procedure to offer limited functionality after being damaged or losing access to critical resources. It is a central concept to safety engineering that ensures that equipment such as aircraft can be operated after experiencing a failure. Graceful degradation is also a common risk mitigation technique.|
Type | | Definition | Designing machines, processes and practices to continue after experiencing failures or a loss of resources. | Examples | An aircraft with dual systems that continues operating when a single failure occurs.
A data center that continues operating on backup power after an electricity failure.An application that continues to function without an internet connection.A business process that continues when critical resources call in sick or are on vacation.Emergency services that are designed to function in a disaster in which power, communication and infrastructure such as roads may be damaged. | Related Concepts | |
Risks
This is the complete list of articles we have written about risks.
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A list of common business risks.
The five things that can be done about risk.
A list of techniques for reducing risk.
The potential that you'll achieve too much of a good thing.
Any risk that people have a strong aversion too.
The surprising similarities between risk and opportunity.
The difference between risk management and contingency planning.
The common types of uncertainty in decision making and strategy.
The common types of inventory risk.
An overview of common business risk management techniques.
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A list of interesting business theories.
A definition of knowledge work with examples.
A list of social processes, absurdities and strategies related to office politics.
A guide to product development.
The differences between types of knowledge.
An overview of the trough of sorrow.
A list of common business models.
A list of key marketing strategies.
A few sources of competitive advantage for businesses.
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